Greenwich Council pledges £60m in one-off funds to deliver major improvements

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Today the Royal Borough of Greenwich is announcing a £60million one-off funding drive to Get Things Done in Greenwich by tackling fly-tipping, keep the borough safe, and much more, subject to approval by the Council’s Cabinet on Wednesday 15 October 2025.

The Council has a one-off pot made up of funding it has negotiated from developers and grants it has successfully bid for. It is using this money to get things done across eight key areas over five years, picking up on resident feedback to put money where it will really make a difference.

Cllr Anthony Okereke, Leader of the Royal Borough of Greenwich, said: “We’re putting developers’ cash to good use and getting things done in Greenwich. We have a one-off £60million pot that we’re dividing up to get on with investing and improving our borough. Development should mean more than new houses and flats, so we’re making sure that we put developers’ cash to good use in ways that benefit everyone in Greenwich. We’re putting millions into making sure Greenwich has clean and safe streets, thriving town centres and places for families and communities to connect with each other. We’re focusing on key issues that we know really matter to you – because they matter to us too. It’s easy to just point at problems, but in Greenwich we’re getting things done to sort them.”
Cllr Denise Hyland, Cabinet Member for Finance, Resources and Social Value, said: “The £60million announced today is from one-off ringfenced sources, so it can’t be spent to offset any future deficit in the Council’s operating costs – but it can be used to get things done. Like nearly every other council, we have budget pressures. Every year there is more demand for our services and the cost of delivering those services continues to rise. We’re making our case to the government about inner London councils funding. In the meantime, we currently anticipate a budget gap of over £45million next year. This means we will have to make savings to balance our budget, and this won’t be achievable without making fundamental changes to what services we deliver and how we deliver them. By getting things done now, we can make sure the cash we win from development and grants has a positive impact and help us deliver savings in the future.”
And as part of Getting Things Done, the Council has also announced the return of the Greenwich Neighbourhood Growth Fund. There is a total of £1million – the most the Council has ever had available – for local groups to bid for grants of between £2,500 and £35,000 to make improvements to their neighbourhoods. Residents will then have the chance to vote for the projects proposed in their area.

Cllr Majid Rahman, Cabinet Member for Development, said: “We’ve worked hard behind the scenes to maximise the benefit that the Greenwich Neighbourhood Growth Fund can bring, and this year’s pot is the highest we’ve ever had on offer. It’s an Our Greenwich mission to make sure that the community benefits from development, and this is one of the ways we can guarantee that money is put at the heart of the community. Previous recipients have bought new playground equipment, repaired community centres, resurfaced tennis courts and much more. This fund allows the community to have a say on where money should go, and we’re open to new ideas and projects. In Greenwich, we’re getting things done.”

This investment comes from ringfenced grants and the Council’s negotiations with developers to secure £60million that it can use to focus on the things that it knows really matter to residents – because they matter to the Council too. The money is part of the Council’s Getting Things Done drive which can’t be used to offset any future deficits.